21-23 Clarence Street, Bentleigh East

Sold

Thursday, 1st December 2022

Healthy Medical Investment

We are pleased to offer a tremendous opportunity to secure this affordable medical premise with a long term tenant.

Located in the popular and tightly held Clarence Street Bentleigh East retail strip, 21 -23 Clarence Street is tenanted by the Bentleigh East GP Clinic.

This modern medical centre is located directly opposite Bentleigh Secondary College, which has had a full fit-out carried out by the current tenant.

This is ideal for the investor wanting a secure income, with a stable medical use tenant on a long term lease.

Key attributes include:

TENANT

* Tenant: KDK Medical Group Pty Ltd, trading as Bentleigh East GP Clinic
* Ten (10) year lease, commenced June 2019 (6 years, 8 month remaining)
* Rental: $68,315.04 per annum, plus outgoings
* Option: 5 years + 5 years
* Tenant carried out full fit-out (circa $400,000)

BUILDING

* Modern building with corner profile
* Tenant occupies two premises offering a total building area: 150sqm *
* Exceptional modern fitout as medical clinic
* Five (5) private medical suites
* Vibrant reception area
* Bathroom & kitchen amenities
* Two (2) car spaces

LOCATION

* Incredible Bentleigh East location
* Opposite Bentleigh Secondary College
* GESAC – Glen Eira Sports and Activity Centre
* Bentleigh East Secondary College
* Centre Road retail and commercial precinct nearby
* Established residential area attracting growing investment
* Redevelopment of East Boundary Road precinct

For further details or to arrange an inspection contact:

Johnathon Aikins 0488 959 854
Jill Duggan 0418 518 125

PLEASE NOTE:

* Inspections are carried out in accordance with strict Covid-19 Directions. For further details contact the Estate Agent.

* All information and measurements are approximates. All images subject to copyright. Unauthorised use is strictly prohibited.

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